Sumitomo Mitsui Trust Group increased its stake in Huntington Ingalls Industries (HII) by 279.2% during the first quarter, bringing its total holdings to approximately $2.95 million. This move followed HII's strong Q1 financial results, which featured an EPS of $3.79—exceeding analyst expectations—and $3.10 billion in revenue. Conversely, Dimensional Fund Advisors LP reduced its position in the company by 21.7% during the same period, selling 212,290 shares while retaining a stake valued at $291 million.
